First Business Trust comprising Healthcare Assets in India
Unitholders should note that after the payment of the Special Distribution, RHT has become a cash trust. The Trustee-Manager is considering various options available for RHT, including identifying any possible new business for RHT which is able to satisfy the SGX-ST’s requirements for a new listing, or the winding up of RHT and distribution of any remaining cash after deducting any expenses incurred therefrom to the Unitholders. It should also be noted that the SGX-ST will remove RHT from the Official List if it is unable to meet the requirements for a new listing within 12 months (or 18 months where extension is obtained from SGX-ST) from the date of completion pursuant to Rule 1018(2) of the Listing Manual. We will keep investors updated whenever there are any new developments.
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Aug 21, 2024
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